THE PORT AUTHORITY OF NY & NJ

Press Release Article


PORT AUTHORITY PREPARES FOR FUTURE AVIATION GROWTH BY CREATING NEW DEVELOPMENT SITES AT JFK AIRPORT

Date: Apr 29, 2010
Press Release Number: 23-2010

The Port Authority will embark on a major program to demolish obsolete buildings at John F. Kennedy International Airport that will create much-needed space for airlines to expand their passenger and cargo businesses.

At its monthly meeting today, the Port Authority Board of Commissioners authorized a $42.3 million program to demolish six cargo buildings and five hangars, some of which are more than 60 years old and have been vacant for years, costing the agency millions to maintain. The anticipated annual savings will be $1.7 million.

 In addition, Terminal 6, which housed JetBlue before the airline moved to its new Terminal 5 in October 2008, also will be demolished.  The demolition will allow JetBlue to begin planning for the expansion of international operations at Terminal 5.  The expansion would allow the airline to consolidate the international arrivals that are now handled from Terminal 4 and meet forecasted growth, which would be driven primarily by international travel.

Port Authority Chairman Anthony R. Coscia said, "Our airports must keep up with the times if we want to remain competitive for air passengers and cargo. This demolition program will allow us to keep JFK modern and ensure that it remains a contributor to the region's economic growth for many years to come."

Port Authority Executive Director Chris Ward said, "Maintaining obsolete buildings that were built 60 years ago is not a prudent use of our limited resources.  Instead, this action will position the airport to expand to accommodate the future growth of our airline and cargo tenants."

Demolition of the buildings will allow the Port Authority to expand existing operations such as deicing and aircraft holding pads, and also will provide locations for future cargo growth.

CONTACT:   The Port Authority of New York and New Jersey

Ron Marsico, 212 435-7777

The Port Authority of New York and New Jersey operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia, Stewart International and Teterboro airports; AirTrain JFK and AirTrain Newark; the George Washington Bridge and Bus Station; the Lincoln and Holland tunnels; the three bridges between Staten Island and New Jersey; the PATH (Port Authority Trans-Hudson) rapid-transit system; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Port Authority Auto Marine Terminal; the Brooklyn Piers/Red Hook Container Terminal; and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan and is a partner in the Access to the Region's Core tunnel project.